Higher ed finance needs fresh approach

At a time when states are strapped for money to support all their responsibilities, higher education leaders will have to continue to look for alternative sources of revenue, otherwise the impact cut fall on the shoulders of students. A recent study by the Economics of Education Review, showed that every $1,000 cut in per-student state and local funding means the average student has to pay $257 more annually in tuition and fees if institution can only find the revenue there.

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